FISCAL AUTHORITY Sample Clauses

FISCAL AUTHORITY. County of ▇▇▇▇▇▇.
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FISCAL AUTHORITY. County of Ramsey.
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FISCAL AUTHORITY. The Fiscal Agents’ fiscal duties and responsibilities are set forth elsewhere in this Agreement, particularly Article IV (Budget and Finance), and are generally stated here to include, but are not limited to, the following: a. Sole responsibility to collect and disburse funds; b. Participation in the identification and securing of grant moneys, grant flow through moneys, and other funds, as may be available for a Campus, on behalf of the Consortium; c. Campus budget direction and ongoing oversight of each Campus's finances; d. Maintenance of proper records of each Campus's accounts, financial transactions and similar activities, and having an annual audit for the Consortium as part of the Fiscal Agent's audit; e. Ensuring that each Campus's funds generated, received and expended are properly and separately accounted for in accordance with applicable law, state accounting requirements, and adopted policies and accounting procedures; f. Calculating each Campus's annual operating Costs, capital outlay costs and start-up costs, shortfall obligations, Per Pupil Charges, and crediting Participants for their contributions to the operating Costs. Each Participating District will be provided the tuition calculation formula and their tuition rate by December 10th of each year; and g. Paying all lawful bills of the Campus and Cooperative Program from appropriate funds.
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FISCAL AUTHORITY. Money for the ▇▇▇▇▇▇▇ District Library shall be paid to the Board of Trustees and deposited in a fund designated as the ▇▇▇▇▇▇▇ District Library Fund. The Board of Trustees shall have exclusive control of the expenditure of money deposited in the ▇▇▇▇▇▇▇ District Library Fund, including the authority to prepare budgets and final authority as to the expenditure of such funds. The Board of Trustees shall prepare and publish an annual budget in accordance with the Uniform Budgeting and Accounting Act, being Act No. 2 of the Public Laws of Michigan of 1968, as amended. The Board of Trustees shall be responsible for establishing the approval process for all financial expenditures.
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FISCAL AUTHORITY. Only the Board, through its authorized designee, has the right and the authority to approve change orders to General Contractors.
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Related to FISCAL AUTHORITY

  • Legal Authority The Contractor warrants and assures H-GAC that it possesses adequate legal authority to enter into this Agreement. The Contractor's governing body, where applicable, has authorized the signatory official(s) to enter into this Agreement and bind the Contractor to the terms of this Agreement and any subsequent amendments hereto.

  • General Authority The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee's execution thereof. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, except as otherwise provided in this Trust Agreement, to take all actions required of the Trust pursuant to the Basic Documents.

  • Proper Authority Each Party represents and warrants that the person executing this Grant Agreement on its behalf has full power and authority to enter into this Grant Agreement.